Russia stocks lower at close of trade; MOEX Russia Index unchanged

Russia's financial markets experienced a mixed day on Saturday, with stocks closing lower and the MOEX Russia Index remaining unchanged. The MOEX Russia Index, which tracks the performance of Russian stocks, closed at 0.00%. Among the top gainers of the day were Surgutneftegas PJSC, Polyus PJSC, and Rosneft PJSC, which saw declines of 0.23%, 0.27%, and 0.44% respectively.

In contrast, AFK Sistema PJSC, OZON, and Novolipetsk Steel experienced the largest declines, falling by 3.12%, 3.02%, and 2.73% respectively. Overall, there were 171 stocks that fell and 52 that rose, with 15 ending unchanged. The Russian Volatility Index, which measures the implied volatility of MOEX Russia Index options, remained at 44.81, unchanged.

Gold futures for December delivery rose by 1.97% to $4,661.60 per troy ounce. Meanwhile, Crude oil for October delivery fell by 0.22% to $86.64 per barrel, while the October Brent oil contract increased by 0.16% to $93.93 per barrel. The Russian Ruble (USD/RUB) strengthened by 0.16% to 83.88, while the Euro (EUR/RUB) weakened by 1.28% to 96.56. The US Dollar Index Futures fell by 0.05% to 98.77.